Eastern Ontario Development Fund

Up to $500,000 in grants for SME in Eastern Ontario
  • Government of Ontario
Overview of the Eastern Ontario Development Fund program:

The Eastern Ontario Development Fund provides support for projects and investments to existing businesses, municipalities and not-for-profit organizations for economic development in eastern Ontario.

Benefits of the Eastern Ontario Development Fund program:
  • The objective of the program is to provide financial support and services to help growing companies in eastern Ontario make investments to:
  • Grow their businesses
  • Improve productivity
  • Invest in innovation and skills development
  • Pursue new markets
  • Generate broad positive regional economic impact
  • Create new good, sustainable jobs
  • A project is a distinct undertaking, separate from ongoing operations, that will result in benefits to the organization such as business growth or access to new markets.
  • The types of support available include:
  • Funding support
  • Complementary services and support
Eligibility criteria of the Eastern Ontario Development Fund program:
  • Who is eligible
  • The fund supports business and community economic development projects.
  • Business projects
  • To be eligible, businesses need to:
  • Have at least 3 years of operations/financial statements
  • Employ at least 10 people (or 5 if you are in rural Ontario)
  • Commit to creating at least 5 new jobs (or 30% increase for companies with fewer than 15 employees)
  • Invest at least $500,000 in their project (or $200,000 if you are in rural Ontario)
  • Be located in, or plan to locate in, a community in eastern Ontario
  • To be eligible, projects need to:
  • Be led by municipalities, economic development organizations or sector organizations
  • Focus on economic and business development and job creation in the community or region by investing in infrastructure or implementing strategies to advance regional economic development priorities
  • Lead to measurable outcomes including private-sector investment, growth and job creation
  • Invest more than $100,000
  • Have private sector support
  • Be used for activities that are new to the organization
Request Funding Information

Related Funding Opportunities

Explore similar funding opportunities that match your goals.

START program: hiring incentiveOPEN
  • Nova Scotia Department of Labour and Advanced Education
Thiel FellowshipOPEN
  • Thiel Fellowship
AMAKA Grants OPEN
  • AMAKA Studio
iNovia CapitalOPEN
  • iNovia Capital
ONEXOPEN
  • ONEX Private Equity

Other Grants and Funding by Region

NextGen Food Innovators ProgramOPEN
  • Canadian Food Innovation Network (CFIN)
Parallel49 EquityOPEN
  • Parallel49 Equity
BDC - ConsultingOPEN
  • Business Development Bank of Canada
Black EntrepreneurOPEN
  • BKR CAPITAL
Performance Security InsuranceOPEN
  • Export Development Canada
Asset-Based LendingOPEN
  • Canadian Imperial Bank of Commerce (CIBC)

More Grants and Funding by Industry

Ontario Innovation Tax CreditOPEN
  • Canada Revenue Agency
Experience Ontario 2025OPEN
  • Government of Ontario
BDC Venture CapitalOPEN
  • Business Development Bank of Canada
Werklund Growth FundOPEN
  • Werklund Ventures
Index VenturesOPEN
  • Index Ventures
Canadian Centre for Housing TechnologyOPEN
  • Canadian Foundation for Innovation
Short Film FundOPEN
  • Nunavut Film Development Corporation
Fisheries and Sealing - Commercial Fisheries Freight SubsidyOPEN
  • Nunavut Department of Economic Development and Transportation